Yiren Digital Reports Second Quarter 2025 Financial Results

Rhea-AI Summary

Yiren Digital (NYSE:YRD), an AI-powered financial services platform in Asia, reported strong Q2 2025 results with total net revenue reaching RMB1,652.1 million (US$230.6 million), up 10% year-over-year. The company's financial services segment showed remarkable growth with revenue of RMB1,489.6 million, a 75% increase from 2024.

Total loans facilitated reached RMB20.3 billion, up 57% year-over-year, while the cumulative number of borrowers served grew to 13.5 million. Net income was RMB357.5 million (US$49.9 million), down from RMB409.5 million in 2024. The company declared a semi-annual dividend of US$0.22 per ADS and projects Q3 2025 revenue between RMB1.4-1.6 billion.

The company's AI-powered strategy continues to drive growth through enhanced risk management, personalized customer engagement, and improved service efficiency.

Positive

• Financial services revenue increased by 75% year-over-year to RMB1,489.6 million
• Total loans facilitated grew 57% year-over-year to RMB20.3 billion
• Borrower base expanded 25% year-over-year to 13.5 million users
• Declared semi-annual dividend of US$0.22 per ADS
• Cash and cash equivalents increased to RMB4,098.9 million
• Positive operating cash flow of RMB411.2 million, up from RMB368.9 million YoY

Negative

• Net income decreased to RMB357.5 million from RMB409.5 million YoY
• Insurance brokerage revenue declined 36% year-over-year to RMB58.1 million
• Research and development expenses nearly doubled to RMB107.7 million
• Allowance for contract assets increased to RMB214.7 million from RMB123.3 million YoY
• Adjusted EBITDA decreased to RMB351.4 million from RMB484.7 million YoY

BEIJING, Aug. 21, 2025 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial services in Asia, today announced its unaudited financial results for the quarter ended June 30, 2025.

Second Quarter 2025 Operational Highlights

Financial Services Business

• Total loans facilitated in the second quarter of 2025 reached RMB20.3 billion (US$2.8 billion), representing an increase of 34% from RMB15.2 billion in the first quarter of 2025 and increase of 57% compared to RMB12.9 billion in the same period of 2024.
• Cumulative number of borrowers served reached 13,536,838 as of June 30, 2025, representing an increase of 5% from 12,909,436 as of March 31, 2025, and increase of 25% compared to 10,807,497 as of June 30, 2024.
• Number of borrowers served in the second quarter of 2025 was 1,637,912, representing an increase of 19% from 1,375,406 in the first quarter of 2025 and 10% increase compared to 1,491,756 in the same period of 2024. The increase was driven by strong demand for our small revolving loan products.
• Outstanding balance of performing loans facilitated reached RMB31.2 billion (US$4.4 billion) as of June 30, 2025, representing an increase of 14% from RMB27.5 billion as of March 31, 2025 and compared to RMB21.8 billion as of June 30, 2024.

Insurance Brokerage Business

• Gross written premiums in the second quarter of 2025 were RMB850.1 million (US$118.7 million), representing an increase of 6% from RMB801.8 million in the first quarter of 2025 and 20% decrease compared to RMB1,060.9 million in the same period of 2024. The increase was attributed to a gradual recovery of the sales of our insurance products post the regulatory changes.

"We are pleased to report another strong quarter, driven by the continued success of our AI-powered strategy. Our advanced AI capabilities have delivered quantifiable results—more personalized customer engagement, enhanced risk management with predictive analytics and fraud detection, and improving service efficiency with compliant, tailored solutions. This robust AI foundation enables us to innovate faster, exceed customer expectations, and optimize operational performance." said Mr. Ning Tang, Chairman and Chief Executive Officer. 

"Our growth is further fueled by three strategic priorities: AI innovation, geographic expansion, and operational excellence. These initiatives are accelerating momentum across our core business while unlocking new opportunities through our proprietary AI platform. By executing on this strategy, we are well-positioned to sustain long-term success."

"Our second quarter results demonstrate the Company's operational resilience and mark a return to profitability growth following five consecutive quarters of decline. We are pleased to report robust revenue and profit expansion across our technology segment and international operations, which underscore the strength of our strategic positioning in these key growth areas." Mr. William Hui, Chief Financial Officer commented. "Our continued positive cash flow performance in the second quarter positions us to weather market uncertainty and make targeted investments in priority areas to support future growth."

Second Quarter 2025 Financial Results

Total net revenue in the second quarter of 2025 was RMB1,652.1 million (US$230.6 million), representing an increase of 10% from RMB1,496.5 million in the second quarter of 2024. Particularly, in the second quarter of 2025, revenue from financial services business was RMB1,489.6 million (US$207.9 million), representing an increase of 75% from RMB851.0 million in the same period of 2024. The increase was attributed to persistent demand for our small revolving loan products, as well as a growing repeat borrowing rate among existing borrowers. The financial service revenue accounts for 90% of the total net revenue. Revenue from insurance brokerage business was RMB58.1 million (US$8.1 million), representing a decrease of 36% from RMB91.5 million in the second quarter of 2024. The decrease was attributable to lower overall commission rates and product changes. Net revenue from consumption and lifestyle business and others was RMB104.4 million (US$14.6 million), compared with the revenue of RMB554.0 million in the second quarter of 2024. The decrease was mainly attributed to our strategic decision to wind down this segment and refocus on our core financial services. Additionally, referral revenue—generated when customers were referred to other platforms for a fee—was reclassified to the financial services business segment, as these customers were originally sourced from that business unit.

Sales and marketing expenses in the second quarter of 2025 were RMB345.2 million (US$48.2 million), compared to RMB285.1 million in the same period of 2024. This increase was due to increase in loan facilitation volume.

Origination, servicing and other operating costs in the second quarter of 2025 were RMB160.9 million (US$22.5 million), compared to RMB246.5 million in the same period of 2024. This decrease was primarily due to lower commission costs resulting from lower sales volume from our insurance brokerage business.

Research and development expenses in the second quarter of 2025 were RMB107.7 million (US$15.0 million), compared to RMB55.8 million in the same period of 2024. The increase is attributable to increase in AI spending, R&D headcount and capital investment in technology.

General and administrative expenses in the second quarter of 2025 were RMB78.9 million (US$11.0 million), compared to RMB68.7 million in the same period of 2024. The increase was primarily due to increase in personnel related costs to support the growth of the business.

Allowance for contract assets, receivables and others in the second quarter of 2025 was RMB214.7 million (US$30.0 million), compared to RMB123.3 million in the same period of 2024. The increase reflects higher growth in volume of loans facilitated.

Provision for contingent liabilities in the second quarter of 2025 was RMB385.7 million (US$53.8 million), compared to RMB278.9 million in the same period of 2024. The increase is attributable to increase in loan volume facilitated under risk-taking model. ^[1]

Fair value adjustments gain/(loss) in the second quarter of 2025 was a gain of RMB28.0 million (US$3.9 million) compared to a loss of RMB58.4 million in first quarter 2025 and a gain of RMB38.7 million in the same period of 2024. The quarterly change was mainly due to the fair value change in crypto assets, driven by an increase in the price of Ethereum. As of June 30, 2025, the company holds 11,197.5 Ethereum.

Income tax expense in the second quarter of 2025 was RMB63.9 million (US$8.9 million). 

Net income in the second quarter of 2025 was RMB357.5 million (US$49.9 million), as compared to RMB409.5 million in the same period in 2024. The decrease was primarily due to the growing loan volume facilitated under our risk-taking model, resulting in substantial upfront provisions required by the current accounting principles.

Adjusted EBITDA^[2] (non-GAAP) in the second quarter of 2025 was RMB351.4 million (US$49.1 million), compared to RMB484.7 million in the same period of 2024 and RMB325.0 million in the first quarter of 2025.

Basic and diluted income per ADS in the second quarter of 2025 were RMB4.1356 (US$0.5774) and RMB4.1072 (US$0.5734) respectively, compared to a basic income per ADS of RMB4.7390 and a diluted income per ADS of RMB4.6880 in the same period of 2024. 

Net cash generated from operating activities in the second quarter of 2025 was RMB411.2 million (US$57.4 million), compared to RMB368.9 million in the same period of 2024. 

Net cash used in investing activities in the second quarter of 2025 was RMB752.2 million (US$105.0 million), compared to RMB536.9 million in the same period of 2024.

Net cash provided by financing activities in the second quarter of 2025 was RMB447.6 million (US$62.5 million), compared to RMB125.9 million used in financing activities in the same period of 2024. 

As of June 30, 2025, cash and cash equivalents were RMB4,098.9 million (US$572.2 million), compared to RMB4,043.6 million as of March 31, 2025. As of June 30, 2025, the balance of financial investment was RMB418.9 million (US$58.5 million), compared to RMB404.1 million as of March 31, 2025.

Delinquency rates^[3]. As of June 30, 2025, the delinquency rates for loans that are past due for 1-30 days, 31-60 days and 61-90 days were 1.7%, 1.1% and 1.0%, respectively, compared to 1.6%, 1.2% and 1.2%, respectively, as of March 31, 2025. 

[1] The risk-taking model refers to the framework in which the company assumes the credit risk for the loans facilitated on our platform. [2] "Adjusted EBITDA" is a non-GAAP financial measure. For more information on this non-GAAP financial measure, please see the section of "Operating Highlights and Reconciliations of GAAP to Non-GAAP Measures" and the table captioned "Reconciliations of Adjusted EBITDA" set forth at the end of this press release.

[3] Delinquency rates" refers to the outstanding principal balance of loans that were 1-30 days, 31-60 days and 61-90 days past due as a percentage of the total performing outstanding principal balance of loans as of a specific date. Loans originating outside mainland China are not included in the calculation. We define a performing loan as one that is being repaid according to the agreed terms and has not become delinquent for more than 90 days.

Dividend Policy
Under the Company's semi-annual dividend policy, the Company will distribute a cash dividend for the first half of 2025, amounting to US$0.22 per American depositary share (the "ADS"), each representing two ordinary shares of the Company, par value US$0.0001 per share. The dividend is expected to be paid on or about October 15, 2025 to holders of the Company's ordinary shares and ADSs of record as of the close of business on September 30, 2025, based on Hong Kong time and New York time, respectively.

Business Outlook
Based on the Company's preliminary assessment of business and market conditions, the Company projects the total revenue in the third quarter of 2025 to be between RMB1.4 billion and RMB1.6 billion, driven by loan growth from domestic market and international markets, and further market penetration into new customer segment.

This is the Company's current and preliminary view, which is subject to changes and uncertainties.

Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses several non-GAAP financial measures, such as adjusted EBITDA and adjusted EBITDA margin as supplemental measures to review and assess operating performance. We believe these non-GAAP measures provide useful information about our core operating results, enhance the overall understanding of our past performance and prospects and allow for greater visibility with respect to key metrics used by our management in our financial and operational decision-making. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The non-GAAP financial measures have limitations as analytical tools. Other companies, including peer companies in the industry, may calculate these non-GAAP measures differently, which may reduce their usefulness as a comparative measure. The Company compensates for these limitations by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. See "Operating Highlights and Reconciliation of GAAP to Non-GAAP measures" at the end of this press release. 

Currency Conversion
This announcement contains currency conversions of certain RMB amounts into US$ at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB7.1636 to US$1.00, the effective noon buying rate on June 30, 2025, as set forth in the H.10 statistical release of the Federal Reserve Board.

Conference Call
Yiren Digital's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on August 21, 2025 (or 8:00 p.m. Beijing/Hong Kong Time on August 21, 2025).

Participants who wish to join the call should register online in advance of the conference at:
https://dpregister.com/sreg/10202094/ffb82a2282
Once registration is completed, participants will receive the dial-in details for the conference call.

Additionally, a live and archived webcast of the conference call will be available at:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=NNUZyFMv

Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yiren Digital's control. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to Yiren Digital's ability to attract and retain borrowers and investors on its marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, PRC regulations and policies relating to the peer-to-peer lending service industry in China, general economic conditions in China, and Yiren Digital's ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in Yiren Digital's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Yiren Digital does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About Yiren Digital
Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial services in Asia. Our mission is to elevate customers' financial well-being and enhance their quality of life by delivering digital financial services and tailor-made insurance solutions. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and financial security of individuals, families, and businesses.

Unaudited Condensed Consolidated Statements of Operations
(in thousands, except for share, per share and per ADS data, and percentages)
	For the Three Months Ended								For the Six Months Ended
	June 30, 2024		March 31, 2025		June 30, 2025		June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2025
	RMB		RMB		RMB		USD		RMB		RMB		USD
Net revenue:
Loan facilitation services	695,532		742,394		874,584		122,087		1,371,827		1,616,978		225,721
Post-origination services	1,290		1,744		10,463		1,461		3,062		12,207		1,704
Guarantee services	68,934		318,397		316,942		44,243		85,787		635,339		88,690
Financing services	19,574		41,887		65,821		9,188		30,240		107,708		15,036
Insurance brokerage services	91,526		71,460		58,137		8,116		216,452		129,597		18,091
Electronic commerce services	523,641		184,074		93,962		13,117		1,026,577		278,036		38,812
Others	96,039		194,570		232,191		32,412		140,675		426,761		59,574
Total net revenue	1,496,536		1,554,526		1,652,100		230,624		2,874,620		3,206,626		447,628
Operating costs and expenses:
Sales and marketing	285,101		276,952		345,166		48,183		562,324		622,118		86,844
Origination,servicing and other operating costs	246,542		224,738		160,859		22,455		479,812		385,597		53,827
Research and development	55,812		85,954		107,693		15,033		96,333		193,647		27,032
General and administrative	68,670		95,837		78,862		11,009		152,344		174,699		24,388
Allowance for contract assets, receivables and others	123,285		152,805		214,698		29,971		225,619		367,503		51,301
Provision for contingent liabilities	278,925		410,763		385,674		53,838		346,183		796,437		111,178
Total operating costs and expenses	1,058,335		1,247,049		1,292,952		180,489		1,862,615		2,540,001		354,570
Other income/(expenses):
Investment income *	8,301		1,972		2,245		313		10,711		4,217		589
Interest income	16,367		22,234		22,353		3,120		41,670		44,587		6,224
Fair value adjustments gain/(loss)	38,706		(58,376)		28,018		3,911		54,174		(30,358)		(4,238)
Others, net	(11)		674		14,084		1,967		666		14,758		2,059
Total other income/(expenses)	63,363		(33,496)		66,700		9,311		107,221		33,204		4,634
Income before provision for income taxes	501,564		273,981		425,848		59,446		1,119,226		699,829		97,692
Share of results of equity investees	-		(129)		(4,431)		(618)		-		(4,560)		(636)
Income tax expense	92,036		26,346		63,877		8,917		223,815		90,223		12,595
Net income	409,528		247,506		357,540		49,911		895,411		605,046		84,461
Weighted average number of ordinary shares outstanding, basic	172,831,722		172,800,275		172,907,793		172,907,793		173,557,082		172,854,331		172,854,331
Basic income per share	2.3695		1.4323		2.0678		0.2887		5.1592		3.5003		0.4886
Basic income per ADS	4.7390		2.8646		4.1356		0.5774		10.3184		7.0006		0.9772
Weighted average number of ordinary shares outstanding, diluted	174,711,554		173,935,749		174,102,643		174,102,643		175,457,062		174,019,493		174,019,493
Diluted income per share	2.3440		1.4230		2.0536		0.2867		5.1033		3.4769		0.4854
Diluted income per ADS	4.6880		2.8460		4.1072		0.5734		10.2066		6.9538		0.9708
Unaudited Condensed Consolidated Cash Flow Data
Net cash generated from operating activities	368,908		478,650		411,224		57,405		1,000,651		889,874		124,222
Net cash used in investing activities	(536,883)		(145,590)		(752,200)		(105,003)		(1,220,580)		(897,790)		(125,327)
Net cash (used in)/provided by financing activities	(125,884)		(80,576)		447,588		62,481		(140,658)		367,012		51,233
Effect of foreign exchange rate changes	(896)		2,367		(9,412)		(1,314)		444		(7,045)		(983)
Net (decrease)/increase in cash, cash equivalents and restricted cash	(294,755)		254,851		97,200		13,569		(360,143)		352,051		49,145
Cash, cash equivalents and restricted cash, beginning of period	5,993,216		4,101,557		4,356,408		608,131		6,058,604		4,101,557		572,555
Cash, cash equivalents and restricted cash, end of period	5,698,461		4,356,408		4,453,608		621,700		5,698,461		4,453,608		621,700
* Due to the expansion in the types of the Company's investments, investment income has been separately presented, split out from the original interest income, to reflect the realized gains from the Company's financial investments, and historical periods have been restated to enhance investors' comprehension of the Company's financial statements.

 

 

Unaudited Condensed Consolidated Balance Sheets
(in thousands)
	As of
	December 31, 2024		March 31, 2025		June 30, 2025		June 30, 2025
	RMB		RMB		RMB		USD
Cash and cash equivalents	3,841,284		4,043,590		4,098,851		572,178
Restricted cash	260,273		312,818		354,757		49,522
Accounts receivable	566,541		583,542		553,660		77,288
Guarantee receivable	474,132		620,241		656,019		91,577
Contract assets, net	1,008,920		1,114,576		1,319,246		184,160
Contract cost	294		425		4,880		681
Prepaid expenses and other assets	2,361,585		2,299,149		2,486,393		347,087
Loans at fair value	421,922		314,790		480,915		67,133
Financing receivables	17,515		22,040		484,733		67,666
Amounts due from related parties	3,387,952		3,284,281		3,131,581		437,152
Financial investments	437,203		404,059		418,856		58,470
Equity investments	9,239		9,110		4,633		647
Property, equipment and software, net	78,678		78,358		85,155		11,887
Crypto assets	-		148,062		203,541		28,413
Deferred tax assets	77,463		1		128,989		18,006
Right-of-use assets	39,695		38,917		37,190		5,191
Total assets	12,982,696		13,273,959		14,449,399		2,017,058
Accounts payable	43,167		79,882		61,580		8,596
Amounts due to related parties	129,629		99,616		81,688		11,403
Guarantee liabilities-stand ready	606,886		809,726		889,343		124,148
Guarantee liabilities-contingent	578,797		756,699		848,704		118,474
Deferred revenue	9,479		482		515		73
Payable to investors at fair value	368,022		287,500		872,250		121,761
Accrued expenses and other liabilities	1,622,050		1,393,592		1,582,978		220,975
Deferred tax liabilities	41,471		54,897		91,666		12,796
Lease liabilities	40,765		37,808		38,281		5,344
Total liabilities	3,440,266		3,520,202		4,467,005		623,570
Ordinary shares	132		132		132		18
Additional paid-in capital	5,198,457		5,201,567		5,210,508		727,359
Treasury stock	(170,463)		(170,463)		(170,686)		(23,827)
Accumulated other comprehensive income	79,268		40,903		42,195		5,890
Retained earnings	4,435,036		4,681,618		4,900,245		684,048
Total equity	9,542,430		9,753,757		9,982,394		1,393,488
Total liabilities and equity	12,982,696		13,273,959		14,449,399		2,017,058

 

Operating Highlights and Reconciliation of GAAP to Non-GAAP Measures
(in thousands, except for number of  borrowers, number of insurance clients, cumulative number of insurance clients and percentages)
		For the Three Months Ended								For the Six Months Ended
		June 30,  2024		March 31, 2025		June 30,  2025		June 30,  2025		June 30,  2024		June 30,  2025		June 30, 2025
		RMB		RMB		RMB		USD		RMB		RMB		USD
Operating Highlights
Amount of loans facilitated		12,936,017		15,237,923		20,347,799		2,840,443		24,846,384		35,585,722		4,967,575
Number of borrowers		1,491,756		1,375,406		1,637,912		1,637,912		2,439,778		2,466,710		2,466,710
Remaining principal of performing loans		21,827,634		27,458,292		31,220,078		4,358,155		21,827,634		31,220,078		4,358,155
Cumulative number of insurance clients		1,410,158		1,590,394		1,681,888		1,681,888		1,410,158		1,681,888		1,681,888
Number of insurance clients		88,766		77,541		118,747		118,747		153,807		187,833		187,833
Gross written premiums		1,060,885		801,798		850,080		118,667		1,973,316		1,651,878		230,593
First year premium		577,387		412,497		440,353		61,471		1,091,528		852,850		119,053
Renewal premium		483,498		389,301		409,727		57,196		881,788		799,028		111,540
Segment Information
Financial services business:
Revenue *		851,031		1,294,480		1,489,587		207,938		1,589,148		2,784,067		388,641
Sales and marketing expenses		253,103		260,903		332,405		46,402		505,025		593,308		82,823
Origination, servicing and other operating costs		113,234		140,623		105,617		14,743		199,021		246,240		34,374
Allowance for contract assets, receivables and others		124,765		152,112		216,260		30,189		225,892		368,372		51,423
Provision for contingent liabilities		278,925		410,763		385,674		53,838		346,183		796,437		111,178
Insurance brokerage business:
Revenue		91,526		71,460		58,137		8,116		216,452		129,597		18,091
Sales and marketing expenses		4,263		2,795		2,731		381		7,828		5,526		771
Origination, servicing and other operating costs		122,358		81,440		52,683		7,354		259,241		134,123		18,723
Allowance for contract assets, receivables and others		(1,502)		(578)		564		79		(490)		(14)		(2)
Consumption & lifestyle business and others:
Revenue *		553,979		188,586		104,376		14,570		1,069,020		292,962		40,896
Sales and marketing expenses		27,735		13,254		10,030		1,400		49,471		23,284		3,250
Origination, servicing and other operating costs		10,950		2,675		2,559		358		21,550		5,234		730
Allowance for contract assets, receivables and others		(11)		(1,994)		45		6		(2)		(1,949)		(272)
Reconciliation of Adjusted EBITDA
Net income		409,528		247,506		357,540		49,911		895,411		605,046		84,461
Interest income and investment income, net		(24,668)		(24,206)		(24,598)		(3,433)		(52,381)		(48,804)		(6,813)
Income tax expense		92,036		26,346		63,877		8,917		223,815		90,223		12,595
Depreciation and amortization		2,026		2,297		2,643		369		3,918		4,940		690
Share-based compensation		2,136		2,187		6,932		968		3,343		9,119		1,273
Fair value adjustments related to crypto assets and financial investment		3,601		70,824		(54,979)		(7,675)		1,668		15,845		2,211
Adjusted EBITDA		484,659		324,954		351,415		49,057		1,075,774		676,369		94,417
Adjusted EBITDA margin		32.4 %		20.9 %		21.3 %		21.3 %		37.4 %		21.1 %		21.1 %
* Since the referral revenue generated after the transformation of the Consumption & lifestyle business segment has all its customers originally derived from the Financial services business segment, such revenue (including the corresponding amount for the first quarter of 2025) has been reclassified from the Consumption & lifestyle business segment to the Financial services business segment.

 

Delinquency Rates
		1-30 days		31-60 days		61-90 days
December 31, 2020		1.3 %		0.7 %		0.6 %
December 31, 2021		2.0 %		1.5 %		1.2 %
December 31, 2022		1.7 %		1.2 %		1.1 %
December 31, 2023		2.0 %		1.4 %		1.2 %
December 31, 2024		1.6 %		1.2 %		1.1 %
March 31, 2025		1.6 %		1.2 %		1.2 %
June 30, 2025		1.7 %		1.1 %		1.0 %

 

		30+ Days Delinquency Rates By Vintage*
Loan Issued Period		Month on Book
		2	4	6	8	10	12	14	16	18	20	22	24
2020Q1		0.8 %	2.0 %	3.4 %	4.5 %	5.4 %	5.9 %	6.5 %	6.8 %	7.1 %	7.5 %	8.1 %	8.5 %
2020Q2		0.6 %	2.0 %	3.3 %	4.5 %	5.3 %	6.0 %	6.4 %	6.9 %	7.4 %	8.0 %	8.6 %	8.8 %
2020Q3		1.3 %	2.8 %	4.3 %	5.4 %	6.3 %	6.9 %	7.5 %	8.2 %	8.9 %	9.3 %	9.5 %	9.5 %
2020Q4		0.3 %	1.4 %	2.4 %	3.4 %	4.3 %	5.4 %	6.4 %	7.3 %	7.7 %	8.0 %	8.2 %	8.3 %
2021Q1		0.5 %	1.8 %	3.0 %	4.2 %	5.3 %	6.3 %	7.1 %	7.3 %	7.5 %	7.7 %	7.8 %	7.9 %
2021Q2		0.5 %	2.1 %	3.8 %	5.5 %	6.8 %	7.5 %	7.7 %	7.9 %	8.1 %	8.3 %	8.2 %	8.2 %
2021Q3		0.6 %	2.5 %	4.2 %	5.4 %	6.1 %	6.5 %	6.7 %	6.9 %	6.9 %	6.9 %	6.9 %	6.8 %
2021Q4		0.8 %	2.7 %	4.1 %	4.9 %	5.4 %	5.8 %	5.8 %	5.8 %	5.7 %	5.6 %	5.6 %	5.5 %
2022Q1		0.7 %	2.1 %	3.2 %	4.0 %	4.6 %	4.8 %	4.7 %	4.6 %	4.6 %	4.5 %	4.5 %	4.4 %
2022Q2		0.5 %	1.8 %	2.9 %	3.8 %	4.3 %	4.5 %	4.4 %	4.3 %	4.3 %	4.2 %	4.2 %	4.1 %
2022Q3		0.6 %	2.2 %	3.5 %	4.3 %	4.8 %	5.0 %	5.0 %	4.9 %	4.9 %	4.8 %	4.7 %	4.7 %
2022Q4		0.7 %	2.5 %	3.9 %	4.9 %	5.6 %	5.9 %	5.8 %	5.8 %	5.7 %	5.6 %	5.5 %	5.4 %
2023Q1		0.6 %	2.4 %	4.0 %	5.2 %	5.9 %	6.2 %	6.1 %	6.0 %	5.9 %	5.8 %	5.7 %	5.6 %
2023Q2		0.7 %	3.0 %	4.9 %	6.3 %	7.0 %	7.3 %	7.2 %	7.0 %	6.9 %	6.8 %	6.7 %	6.6 %
2023Q3		0.9 %	3.7 %	5.8 %	7.1 %	7.9 %	8.1 %	8.0 %	7.9 %	7.7 %	7.6 %	7.5 %
2023Q4		0.8 %	3.6 %	5.8 %	7.0 %	7.6 %	7.8 %	7.7 %	7.5 %	7.4 %	7.4 %
2024Q1		0.7 %	3.2 %	5.0 %	6.1 %	6.7 %	7.0 %	6.9 %	6.9 %
2024Q2		0.6 %	2.5 %	4.2 %	5.3 %	6.0 %	6.2 %	6.4 %
2024Q3		0.6 %	2.3 %	3.8 %	4.9 %	5.5 %
2024Q4		0.7 %	2.4 %	3.9 %	4.9 %
2025Q1		0.6 %	2.3 %
2025Q2		0.7 %
*The 30+ days delinquency rate by vintage refers to the outstanding principal balance of loans facilitated over a specified period that are more than 30 days past due, as a percentage of the total loans facilitated during that same period. Loans originating outside mainland China are excluded from the calculation.

 

View original content:https://www.prnewswire.com/news-releases/yiren-digital-reports-second-quarter-2025-financial-results-302535704.html

SOURCE Yiren Digital

FAQ

What were YRD's key financial results for Q2 2025?

YRD reported total revenue of RMB1,652.1 million (up 10% YoY), net income of RMB357.5 million, and financial services revenue of RMB1,489.6 million (up 75% YoY).

How much dividend will YRD pay in 2025?

YRD will distribute a semi-annual cash dividend of US$0.22 per ADS, payable on October 15, 2025 to shareholders of record as of September 30, 2025.

What is YRD's loan facilitation performance in Q2 2025?

YRD facilitated RMB20.3 billion in loans (up 57% YoY) and served 1.64 million borrowers (up 10% YoY), with outstanding performing loans reaching RMB31.2 billion.

What are YRD's delinquency rates as of June 2025?

YRD reported delinquency rates of 1.7% for 1-30 days, 1.1% for 31-60 days, and 1.0% for 61-90 days past due loans.

What is YRD's revenue guidance for Q3 2025?

YRD projects total revenue for Q3 2025 to be between RMB1.4 billion and RMB1.6 billion, driven by loan growth in domestic and international markets.